Business News from Sri Lanka: AVIC International, a globally respected corporation that manages 110 branches in over 50 countries, has been existing in the world enterprise arena for over forty years. AVIC International is a global enterprise and a Fortune 500 company based in China. AVIC International has dealt with components of international aviation, engineering task planning, alternate and logistics, retail and high-end patron goods, property and hospitality to name a few.
To extend their development footprint in Asia, AVIC International instigated the construction phase of the Astoria mixed development project. Astoria, as a freehold mixed development property will comprise four towers; three residential and one commercial, the residences take up 472 units in total, spread across 40 floors in each residential tower. The commercial tower is a 15-floor luxury workplace complex.
Located in Colombo 3 on R. A. De Mel Mawatha, residents can avail of the availability of renowned public, private and international schools, private hospitals, retail outlets, leading banks, cinemas, restaurants, cafés, government offices and supermarkets among other such public entities.
The three apartment towers accommodate two, three and four-bedroom apartments and duplexes. Some of these apartments additionally come with a maid’s room and a toilet. Currently, Towers 1 and 2 have already been completed and the development segment of the final towers 3 and 4 are gradually nearing completion and scheduled for a full launch in 2020.
The office area covers 10,995 SQM of the whole space and 2,600 SQM has been allocated to the retail section.